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Cross Border Resources (Cross Border Resources) Debt-to-Equity : 0.48 (As of Mar. 2015)


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What is Cross Border Resources Debt-to-Equity?

Cross Border Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2015 was $8.20 Mil. Cross Border Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2015 was $0.00 Mil. Cross Border Resources's Total Stockholders Equity for the quarter that ended in Mar. 2015 was $17.27 Mil. Cross Border Resources's debt to equity for the quarter that ended in Mar. 2015 was 0.47.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Cross Border Resources's Debt-to-Equity or its related term are showing as below:

XBOR's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Cross Border Resources Debt-to-Equity Historical Data

The historical data trend for Cross Border Resources's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cross Border Resources Debt-to-Equity Chart

Cross Border Resources Annual Data
Trend Jul06 Jul07 Jul08 Jul09 Jul10 Dec11 Dec12 Dec13 Dec14
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 7.95 0.41 0.61 0.62 0.47

Cross Border Resources Quarterly Data
Apr10 Jul10 Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 0.41 0.56 0.47 0.48

Competitive Comparison of Cross Border Resources's Debt-to-Equity

For the Oil & Gas E&P subindustry, Cross Border Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cross Border Resources's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cross Border Resources's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cross Border Resources's Debt-to-Equity falls into.



Cross Border Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cross Border Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Cross Border Resources's Debt to Equity Ratio for the quarter that ended in Mar. 2015 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cross Border Resources  (OTCPK:XBOR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Cross Border Resources Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Cross Border Resources's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Cross Border Resources (Cross Border Resources) Business Description

Traded in Other Exchanges
N/A
Address
2515 McKinney Avenue, Suite 900, Dallas, TX, USA, 75201
Cross Border Resources Inc is an oil and gas Exploration Company. The Company is engaged in the acquisition, operation, exploration and development of oil and gas properties and prospects.
Executives
Laroche Richard F Jr director P.O. BOX 1398, MURFREESBORO TN 37133-1398
Gray Everett Willard Ii other: Former Chief Executive Officer P. O. BOX 5375, MIDLAND TX 79704

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